The dollar closed slightly higher against the Brazilian real on Tuesday, October 1st. This increase came as global investors sought safer assets due to escalating tensions in the Middle East. Iran’s missile attack on Israel sparked concerns about potential regional conflict expansion. The fear of wider involvement in the Israeli-Palestinian conflict caused oil prices to […]
Related Posts
China Leads Global Gold Production with 12% Share in 2023
China dominated the global gold market in 2023, producing 370 tonnes of the precious metal. This output represented 12% of the world’s total gold production. The United States Geological Survey (USGS) annual gold report revealed these figures. Gold prices reached a new record high of $2,685 per ounce. This surge occurred due to increased tensions […]
Brazil’s Audacious Plan to Dominate Green Energy Markets Starts Today
President Lula has signed a new law that’s set to change the way Brazil uses fuel. This “Future Fuel” law aims to make Brazil a leader in clean energy. Here’s why it matters: The law will boost the use of biofuels like ethanol and biodiesel. Plants make these fuels, which produce less pollution than regular gasoline […]
